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Affordable
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These days, finding an affordable place to live in the Milton area can be challenging. Home prices in Milton are now at a median cost of $62,804, lower than the Alabama average of $228,911.
The average cost of rent is $878/mo in Milton, primarily driven by the current value of real estate in the Milton area. In Milton, 22.22% of households rent, and 84.54% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Milton is $5,471 per month. Households that rent pay about 16.04% of their income on rent here. Milton’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Jones, AL: higher priced homes
- Winslow, AL: higher priced homes
- Vine Hill, AL: higher priced homes
- Fremont, AL: higher priced homes
- Plantersville, AL: higher priced homes
- Billingsley, AL: higher priced homes
- Haynes, AL: higher priced homes
- Mulberry, AL: higher priced homes
- Summerfield, AL: higher priced homes
- Autaugaville, AL: higher priced homes
Cities with Similar Populations
- Roberts, MS: higher priced homes
- Nekoma, ND: higher priced homes
- New Hagerstown, OH: higher priced homes
- New Helena, NE: higher priced homes
- Newark, GA: higher priced homes
- Newburg, MN: higher priced homes
- Newkirk, IA: higher priced homes
- Newmansville, IL: higher priced homes
- Newport, MD: higher priced homes
- Nind, MO: higher priced homes
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